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After market 02:14:13 pm | |||
| 49.07 EUR | +0.87% |
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49.01 | -0.12% |
| May. 02 | BASF: investment in Heartland via Chemovator | CF |
| Apr. 30 | US labor official calls on companies to exit China's Xinjiang | RE |
FRANKFURT (Reuters) - German chemicals giant BASF on Wednesday cut its full-year earnings guidance, the latest in a string of chemical companies caught out by weak demand from industrial clients and higher interest rates.
In an unscheduled statement, BASF said earnings before interest and tax (EBIT) and adjusted for special items would be 4.0 billion to 4.4 billion euros in 2023
It had previously projected adjusted EBIT of 4.8 billion - 5.4 billion euros for the year, down from 6.9 billion in 2022.
($1 = 0.9112 euros)
(Reporting by Ludwig Burger and Sarah Marsh. Editing by Jane Merriman)
Price
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Change
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5d. change
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Capi.
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|---|---|---|---|---|---|
| 4,746 GBX | +1.50% | +0.91% | 8.16B | ||
| 1,274 GBX | +0.47% | +2.25% | 1.38B | ||
| 49.07 EUR | +0.87% | +0.50% | 46.45B | ||
| 26.91 EUR | -0.26% | +4.42% | 2.49B | ||
| 19.77 EUR | +0.74% | +3.21% | 9.78B | ||
| 13.89 CHF | +0.58% | +4.75% | 4.98B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +0.59% | 46.45B | |
| +1.22% | 77.72B | |
| +0.99% | 32.51B | |
| +8.75% | 18.21B | |
| -9.28% | 11.6B | |
| +8.76% | 11.28B | |
| -2.33% | 9.94B | |
| +5.97% | 9.92B | |
| +3.48% | 9.48B | |
| +4.24% | 8.33B |
BASF SE 
